What is currently an attractive MTR market with strong cash flow?

You have 300- 500k cash? 

This way it will help you analyze the deal to see if the property cash flows.The other details as far as process isn't hard.

Their properties run roughly 10-25% Cash on Cash return and 7-11% CAP rate.

David Wright with Atlantic Union Bank teaches investor seminars in our market about how to buy the most number of properties with the least amount of cash using government backed loans. 

Having that cash flow upfront means you can reinvest it/leverage it for better returns.  

You can do a cash out refinance on the current cabin...how many acres?

Purchase price: $25,000 Cash invested: $11,000 Sale price: $62,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Joslyn Lukestich-Lewis, successfully completed a fix-and-flip on Curran St, Burlington, IA 52601.

What I’m hoping to do is to pull some of that equity out to buy more, but a cash out refi on any property puts it into the negative cash flow situation since my current rates are mostly 5.5% or lower.

You recognize it is cash flow negative.